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Feb 6, 2013 7:00am PST
economy, to our ability to address the problems that confront this country. >> the 74-year-old panetta told president obama he did not want to continue on for the president's second term because he wanted to return to his walnut ranch in monterey. >>> later today, president obama will announce his nomination for interior department secretary to replace ken salazar. reportedly, the president will nominate business executive sally jewel. she's ceo of the outdoors company rei. jewel is the first woman to be nominated for his second cabinet. president obama is expected to make a personnel announcement at 11:00 a.m. this morning at the white house. >>> it appears that lance armstrong's televised apology did not sway uncle sam. government prosecutors have launched a criminal investigation of the disgraced cyclist. last month, lance armstrong confessed to oprah that he took performance-enhancing drugs to win his sixth tour de france titles. he also said he bullied his teammates to help cover up his doping. federal agents are now investigating armstrong for obstruction, witness tampering and i
Jan 30, 2013 7:00am PST
government reported that the economy shrank unexpectedly in the fourth quarter. helping to offset that some encouraging earnings reports from companies including amazon and boeing. and the feds are expected to announce that it intend to keep short-term interest rates near zero. the dow is down just 3. the nasdaq is now up 4 and s&p down 1. >>> new research and motion announced it is changing its name to blackberry. here's new video from new york where the score showed off the blackberry z.-10 and the q.-10. blackberry says the new system allows users to easily move in between applications. the phones go on sale in the u.s. in mid-march. the company's trading name will be changed to bbry. >>> a judge says apple will not be getting any more money from the patent infringement lawsuit already decided by a jury. a federal judge rejected apple's request for an increase to the $1 billion samsung was already ordered to pay. the judge says the jury's decision was a reasonable settlement. the judge did not address samsung's request to reduce the award and a request for a new trial by both companies w
Feb 2, 2013 7:00am PST
presidents said our economy is poised to expand. >> 2013 can be a year of solid growth, more jobs and higher wages but that will only happen if we put a stop toself inflicted wounds in washington. >> and this morning the president once again called on congress to work together on a balanced approach to reduce the deficit and promote economic growth. he said businesses created 2.2 million jobs last year. he suggests economic reforms including reducing the cost of health care programs like medicare and closing loopholes in the tax code. >>> this is the first time in five-year that the dow closed above 14,000. it had dropped as low as 6600 in 2009, increased consumer confidence, manufacturing and auto sales are credited for the surge. >> we are moving in the right direction compared to a lot of other countries we are in a good position. >> the economy has improved. you can put the money in the bank but you earn no interest. >> economists say many prefer american investments because the european markets struggling and many consider china as over valued. however others add that just be
Feb 5, 2013 7:00am PST
say this is a direct result that the economy is rebounding. good news there. the city that has the least congestion, pensacola, florida. that takes only a measly nine minutes to get to where you need to go. >> tara, thank you for the toss. i will take it from here. >>> traffic is moving along in some areas not so well, you know the drill. even though this is a 15 to 20- minute delay, i would still say it's a good excuse there are no problems on that span. so the total time you are looking at to get into san francisco, live time traffic 30 plus minutes. not that bad for the entire thing. trying to get up to the bay bridge in oakland, there was a crash 880 in san leandro. that's been cleared. very slow. that's also affecting the castro valley commute. if you want to use an alternate, i would say 580 all the way out to 980. it's. right now it's still pretty good. if you are going slow, i would say that's a decent alternate for you. the south bay commute still looks good. it has not become quite as heavy as it can be. you can see for yourself. 280 is looking good through downtown san j
Feb 1, 2013 7:00am PST
pilot suffers another medical emergency. >>> 7:45. great news on the economy is sending stocks to highs we've not seen in six years. ktvu's pam cook is in the newsroom now with the exciting news on wall street. good morning, pam. >> good morning. two good reports are getting credit for taking the dow up to new heights right from the opening today. british opening -- [opening bell] >> the dow has pulled back a little bit. but that's typical. the index will test a new level for a bit until investors and economists weigh in whether or not the momentum will continue. in the past week, the s&p 500 has been testing the 1500 mark, both seen as very good, positive signs on the economy. helping drive the numbers, this morning's jobs report indicates that the jobs market is recovering. slowly but recover. there's another good report on manufacturing that shows growth in the u.s. as well. now, the unimemployment rate did inch up -- unemployment rate did much up but analysts say that could be because more people are starting to look for work. so they are counted in those numbers again. >>> let's ta
Jan 29, 2013 7:00am PST
opportunities that will boost our economy. >> i have a masters in nursing. i still cannot practice in my profession because i'm undocumented. i wouldn't be taking any job, i would be providing a job that's in high demand. >> reporter: while republican senators helped create the framework for the latest immigration, some members of the gop are not happy with it. and what they are saying, when i see you next. >>> here in the bay area, some are excited about true immigration reform. in the canal district many immigrants say they hope it leads to a path to citizenship. many here say allowing people to legalize their status is better for everyone. >> little by little, everyone benefits. they will benefit, the country will benefit. >> in california, illegal immigrants make up almost 7% of the population. supporters of immigration reform in california are holding public viewings of president obama's speech. here in the bay area there will be public viewing at our lady of guadalupe church at 2020 east san antonio street. that begins at 11:55 a.m. >>> 7:17. in just two hours, the young woman a
Search Results 0 to 5 of about 6